Institutional Quantum Momentum Impulse [BullByte]## Overview
The Institutional Quantum Momentum Impulse (IQMI) is a sophisticated momentum oscillator designed to detect institutional-level trend strength, volatility conditions, and market regime shifts. It combines multiple advanced technical concepts, including:
- Quantum Momentum Engine (Hilbert Transform + MACD Divergence + Stochastic Energy)
- Fractal Volatility Scoring (GARCH + Keltner-based volatility)
- Dynamic Adaptive Bands (Self-adjusting thresholds based on efficiency)
- Market Phase Detection (Volume + Momentum alignment)
- Liquidity & Cumulative Delta Analysis
The indicator provides a Z-score normalized momentum reading, making it ideal for mean-reversion and trend-following strategies.
---
## Key Features
### 1. Quantum Momentum Core
- Combines Hilbert Transform, MACD divergence, and Stochastic Energy into a single composite momentum score.
- Normalized using a Z-score for statistical significance.
- Smoothed with EMA/WMA/HMA for cleaner signals.
### 2. Dynamic Adaptive Bands
- Upper/Lower bands adjust based on volatility and efficiency ratio .
- Acts as overbought/oversold zones when momentum reaches extremes.
### 3. Market Phase Detection
- Identifies bullish , bearish , or neutral phases using:
- Volume-Weighted MA alignment
- Fractal momentum extremes
### 4. Volatility & Liquidity Filters
- Fractal Volatility Score (0-100 scale) shows market instability.
- Liquidity Check ensures trades are taken in favorable spread conditions.
### 5. Dashboard & Visuals
- Real-time dashboard with key metrics:
- Momentum strength, volatility, efficiency, cumulative delta, and market regime.
- Gradient coloring for intuitive momentum visualization .
---
## Best Trade Setups
### 1. Trend-Following Entries
- Signal :
- QM crosses above zero + Market Phase = Bullish + ADX > 25
- Cumulative Delta rising (buying pressure)
- Confirmation :
- Efficiency > 0.5 (strong momentum quality)
- Liquidity = High (tight spreads)
### 2. Mean-Reversion Entries
- Signal :
- QM touches upper band + Volatility expanding
- Market Regime = Ranging (ADX < 25)
- Confirmation :
- Efficiency < 0.3 (weak momentum follow-through)
- Cumulative Delta divergence (price high but delta declining)
### 3. Breakout Confirmation
- Signal :
- QM holds above zero after a pullback
- Market Phase shifts to Bullish/Bearish
- Confirmation :
- Volatility rising (expansion phase)
- Liquidity remains high
---
## Recommended Timeframes
- Intraday (5M - 1H): Works well for scalping & swing trades.
- Swing Trading (4H - Daily): Best for trend-following setups.
- Position Trading (Weekly+): Useful for macro trend confirmation.
---
## Input Customization
- Resonance Factor (1.0 - 3.618 ): Adjusts MACD divergence sensitivity.
- Entropy Filter (0.382/0.50/0.618) : Controls stochastic damping.
- Smoothing Type (EMA/WMA/HMA) : Changes momentum responsiveness.
- Normalization Period : Adjusts Z-score lookback.
---
The IQMI is a professional-grade momentum indicator that combines institutional-level concepts into a single, easy-to-read oscillator. It works across all markets (stocks, forex, crypto) and is ideal for traders who want:
✅ Early trend detection
✅ Volatility-adjusted signals
✅ Institutional liquidity insights
✅ Clear dashboard for quick analysis
Try it on TradingView and enhance your trading edge! 🚀
Happy Trading!
- BullByte
Volatilidade
⚔️ ScalperX: Trap Sniper Pro
## ⚙️ **ScalperX: Trap Sniper Pro **
This script is a **smart money trap detector** built for scalpers and day traders who want to catch **reversals at liquidity sweeps** — before the big moves start.
It identifies **fakeouts**, **stop hunts**, and **trap wicks** by combining:
- Swing high/low sweeps
- Candle body confirmation
- VWAP bias
- Minimum volatility filter
---
### 🔍 Core Features:
- **Trap Wick Detection**
Detects if price sweeps a recent high or low and immediately rejects — classic liquidity grab behavior.
- **VWAP Trend Bias**
Ensures signals are only taken in the direction of institutional flow.
- **Minimum Movement Filter**
Filters out small or irrelevant candles — only signals when price range exceeds a set percentage (e.g., 0.3%).
- **Visual Debug Markers**
Triangles show sweep zones, circles show valid volatility — so you can see *why* a signal did or didn’t fire.
- **BUY / SELL Labels**
Signals are shown clearly when all trap and trend conditions align.
- **Alerts Built-In**
Set notifications for when trap signals appear in real time.
---
### 🧠 Strategy Logic:
**BUY Trap (Long Entry):**
- Price sweeps a recent low
- Candle closes bullish above VWAP
- Minimum range (e.g., 0.3%)
**SELL Trap (Short Entry):**
- Price sweeps a recent high
- Candle closes bearish below VWAP
- Minimum range (e.g., 0.3%)
---
### 🧪 Ideal For:
- Crypto scalpers (1m, 5m, 15m)
- Stop hunt reversal traders
- Smart money + liquidity-style systems
---
Cluster Price StepThis script allows you to calculate the optimal price step for current volatility when setting up cluster charts.
Bright Future Enhanced v2"Bright Future Enhanced v2" Scalping Indicator
This sophisticated Pine Script indicator combines 12+ technical tools for 5-minute scalping, featuring multi-timeframe confirmation, adaptive filters, and professional risk management. Here's the breakdown:
Core Components
Core Components
EWO Hybrid Oscillator
Dual MA ratio (3/21 EMAs or 5/34 SMAs)
Signal line with adjustable delay (3 periods)
Requires 0.05 gap threshold for valid crossover
Trend Quad-Filter System
ADX (6-period) with 25+ strength threshold
Heikin Ashi Smoothed Bias (30-period EMA)
Higher TF ADX alignment (15-min timeframe)
MA Filter (20-period EMA/SMA price position)
Momentum Confirmation
RSI (6-period) with 75/25 thresholds
CCI (6-period) with 75-level cross
Rate of Change (5-period)
Awesome Oscillator (5/34 differential)
Smart Risk Management
ATR-Based Stops
profitTarget = 1.5 * ATR(10) | stopLoss = 1 * ATR(10)
Volatility Filter
Allows trades only when ATR is between 0.3-1.2x of 14-period average
Signal Reset Logic
Cancels opposite positions on counter-signals
(US) Historical Trade WarsHistorical U.S. Trade Wars Indicator
Overview
This indicator visualizes major U.S. trade wars and disputes throughout modern economic history, from the McKinley Tariff of 1890 to recent U.S.-China tensions. This U.S.-focused timeline is perfect for macro traders, economic historians, and anyone looking to understand how America's trade conflicts correlate with market movements.
Features
Comprehensive U.S. Timeline: Covers 130+ years of U.S.-centered trade disputes with historically accurate dates.
Color-Coded Events:
🔴 Red: Marks the beginning of a U.S. trade war or major dispute.
🟡 Yellow: Highlights significant events within a trade conflict.
🟢 Green: Shows resolutions or ends of trade disputes.
Global Partners/Rivals: Tracks U.S. trade relations with China, Japan, EU, Canada, Mexico, Brazil, Argentina, and others.
Country Flags: Uses emoji flags for easy visual identification of nations in trade relations with the U.S.
Major Trade Wars Covered:
McKinley Tariff (1890-1894)
Smoot-Hawley Tariff Act (1930-1934)
U.S.-Europe Chicken War (1962-1974)
Multifiber Arrangement Quotas (1974-2005)
Japan-U.S. Trade Disputes (1981-1989)
NAFTA and Softwood Lumber Disputes
Clinton and Bush-Era Steel Tariffs
Obama-Era China Tire Tariffs
Rare Earth Minerals Dispute (2012-2014)
Solar Panel Dispute (2012-2015)
TPP and TTIP Negotiations
U.S.-China Trade War (2018-present)
Airbus-Boeing Dispute
Usage
Analyze how markets historically responded to trade war initiations and resolutions.
Identify patterns in market behavior during periods of trade tensions.
Use as an overlay with price action to examine correlations.
Perfect companion for macro analysis on daily, weekly, or monthly charts.
About
This indicator is designed as a historical reference tool for traders and economic analysts focusing on U.S. trade policy and its global impact. The dates and events have been thoroughly researched for accuracy. Each label includes emojis to indicate the U.S. and its trade partners/rivals, making it easy to track America's evolving trade relationships across time.
Note: This indicator works best on larger timeframes (daily, weekly, monthly) due to the historical span covered.
SMA 12 26 50 200 / BB / KAIRIThe SMA 12 26 50 200 / BB / KAIRI is a comprehensive technical analysis tool designed for traders who rely on various moving averages and indicators to inform their market decisions. This custom-built indicator includes:
Multiple Simple Moving Averages (SMA):
The script includes four simple moving averages (SMA) with customizable periods:
SMA 12 (Short-Term)
SMA 26 (Medium-Term)
SMA 50 (Mid-Term)
SMA 200 (Long-Term)
These moving averages help identify potential trends and market direction based on varying timeframes, allowing traders to analyze short, medium, and long-term price movements.
Bollinger Bands (BB):
The Bollinger Bands indicator is included to measure market volatility. The indicator consists of:
The middle band, which is a 20-period simple moving average.
The upper and lower bands, which are calculated using standard deviations to show potential overbought or oversold conditions.
Kairi Oscillator:
The Kairi Oscillator is a unique tool for identifying price divergence from the SMA 25. The oscillator creates two lines, an upper and lower level based on a percentage of price deviation from the SMA. Alerts are generated when the price crosses these levels, providing buy or sell signals.
Alerts and Signals:
Possible Buy Alert: An alert is triggered when the price touches the 50-period SMA or 200-period SMA, signaling potential buying opportunities.
Buy and Sell Signals: The script includes built-in logic for buy and sell signals based on the crossing of the Kairi Oscillator, helping traders make informed decisions in real-time.
Customizable Parameters:
Users can adjust the periods of the SMAs and the Kairi Oscillator directly within the script settings to align with their preferred trading strategy.
This indicator is particularly useful for trend-following traders who want to visualize multiple timeframes and use volatility measures to make strategic decisions. The combination of SMAs, Bollinger Bands, and the Kairi Oscillator helps traders spot market opportunities and manage risk effectively.
This description covers the main features and functionalities of the Pine Script indicator, highlighting its flexibility and utility for traders who use moving averages, Bollinger Bands, and the Kairi Oscillator. Let me know if you'd like to adjust or add any specific features to the description!
JPMorgan Collar LevelsThis indicator visualizes the current JPMorgan Hedging Collar strategy commonly used by institutional funds like JHEQX. It plots three key levels:
– Short Call strike (upper bound)
– Long Put strike (protection level)
– Short Put strike (cost reduction)
The area between the long put and short call is shaded to represent the active hedging zone. This setup is updated quarterly and can influence SPX market behavior near expiration dates.
Inputs are customizable to reflect the latest collar configuration. Useful for traders tracking institutional hedging flows or analyzing market structure near key option expirations.
Multi-Timeframe ATR MonitorThis indicator displays a table of ATR values across multiple user-defined timeframes (1m, 3m, 5m, 15m, 60m, daily by default) and tracks the session range since 18:00. Customize the timeframes and ATR length via inputs.
CME Price Limits (Futures Prop Firm Rule)This indicator shows the CME Price Limit, combined with a safety distance that is used by several futures prop firms. Trading in the highlighted area means a rule violation for many Futures prop firm accounts.
The levels are calculated from the "Settlement as close" closing price of the previous daily candle.
RSI-Volume Momentum Signal ScoreRSI-Volume Momentum Signal Score
Description
The RSI-Volume Momentum Signal Score is a predictive technical indicator designed to identify bullish and bearish momentum shifts by combining volume-based momentum with the Relative Strength Index (RSI). It generates a Signal Score derived from:
• The divergence between short-term and long-term volume (Volume Oscillator), and
• RSI positioning relative to a user-defined threshold.
This hybrid approach helps traders detect early signs of price movement based on volume surges and overbought/oversold conditions.
The Signal Score is computed as follows:
Signal Score = Volume Momentum x RSI Divergence Factor
Volume Momentum = tanh ((Volume Oscillator value (vo) – Volume Threshold)/Scaling Factor)
RSI Divergence Factor = ((RSI Threshold – RSI Period)/Scaling Factor)
Or,
Signal Score = tanh((vo - voThreshold) / scalingFactor) * ((rsiThreshold - rsi) / scalingFactor)
The logic of this formula are as follows:
• If Volume Oscillator >= Volume Threshold and RSI <= RSI Threshold: Bullish Signal (+1 x Scaling Factor)
• If Volume Oscillator >= Volume Threshold and RSI >= (100 – RSI Threshold): Bearish Signal (-1 x Scaling Factor)
• Otherwise: Neutral (0)
The tanh function provides the normalization process. It ensures that the final signal score is bounded between -1 and 1, increases sensitivity to early changes in volume patterns based on RSI conditions, and prevent sudden jumps in signals ensuring smooth and continuous signal line.
Input Fields
The input fields allow users to customize the behavior of the indicator based on their trading strategy:
Short-Term Volume MA
- Default: `2`
- Description: The period for the short-term moving average of volume.
- Purpose: Captures short-term volume trends.
Long-Term Volume MA)
- Default: `10`
- Description: The period for the long-term moving average of volume.
- Purpose: Captures long-term volume trends for comparison with the short-term trend.
RSI Period)
- Default: `3`
- Description: The period for calculating the RSI.
- Purpose: Measures the relative strength of price movements over the specified period.
Volume Oscillator Threshold
- Default: `70`
- Description: The threshold for the Volume Oscillator to determine significant volume momentum.
- Purpose: Filters out weak volume signals.
RSI Threshold
- Default: `25`
- Description: The RSI level used to identify overbought or oversold conditions.
- Purpose: Helps detect potential reversals in price momentum.
Signal Scaling Factor
- Default: `10`
- Description: A multiplier for the signal score.
- Purpose: Adjusts the magnitude of the signal score for better visualization.
How To Use It for Trading:
Upcoming Bullish Signal: Signal line turns from Gray to Green or from Green to Gray
Upcoming Bearish Signal: Signal line turns from Gray to Red or from Red to Gray
Note: The price that corresponds to the transition of Signal line from Gray to Green or Red and vise versa is the signal price for upcoming bullish or bearish signal.
The signal score dynamically adjusts based on volume and RSI thresholds, making it adaptable to various market conditions, and this is what makes the indicator unique from other traditional indicators.
Unique Features
Unlike traditional indicators, this indicator combines two different dimensions—volume trends and RSI divergence—for more comprehensive signal generation. The use of tanh() to scale and smooth the signal is a mathematically elegant way to manage signal noise and highlight genuine trends. Traders can tune the scaling factor and thresholds to adapt the indicator for scalping, swing trading, or longer-term investing.
Circuit Breaker LevelsThis indicator will show the Previous Day's Close and +/- 4.5% (Warning Level for Prop Firms), 5% (Prop Firm Trading Halted), 7% (First CME Circuit Breaker), 13% (Second CME Circuit Breaker), and 20% (Final CME Circuit Breaker All Trading Halted for the Day).
Sigma (Standard Deviation)Calculates the standard deviation (sigma) of a stock in percentages. You can edit the length as per your need.
Double SuperTrend Crossover AlertsDouble SuperTrend Crossover Alerts
This indicator uses two SuperTrend calculations to generate trading alerts based on their crossover. The idea is simple:
A Buy Signal is produced when the fast SuperTrend (using a factor of 2 by default) crosses above the slow SuperTrend (using a factor of 4 by default).
A Sell Signal is produced when the fast SuperTrend crosses below the slow SuperTrend.
How It Works
Inputs and Calculations
ATR Length: Set to 13 by default and used in the Average True Range (ATR) calculation to adjust the indicator's sensitivity.
Fast SuperTrend Factor: The fast SuperTrend uses a multiplier of 2, making it more sensitive to recent price changes.
Slow SuperTrend Factor: The slow SuperTrend uses a multiplier of 4, making it smoother and less reactive.
Customizable Settings:
Users can edit the ATR length, the fast factor, and the slow factor as desired, allowing you to adjust the indicator to suit your personal trading style and preferred time frames.
Signal Generation
Buy Signal: Generated when the fast SuperTrend moves above the slow SuperTrend, suggesting a bullish move.
Sell Signal: Generated when the fast SuperTrend falls below the slow SuperTrend, indicating a potential bearish move.
Alert Functionality
The indicator comes with built-in alert conditions. You can set up alerts in TradingView so that you receive notifications:
Buy Alert: When the fast SuperTrend crosses above the slow SuperTrend.
Sell Alert: When the fast SuperTrend crosses below the slow SuperTrend.
This way, you will never miss a potential trading signal.
Disclaimer
Trading involves risk, and past performance does not guarantee future results. This indicator is for educational purposes only and should not be used as the sole basis for any trading decision. Always use proper risk management and confirm signals with additional analysis before entering any trade.
Happy Trading!
Trader Kit: MAs | ADR% | ATR% | $ Vol | RVol | Float%Trader Kit is a data-rich indicator designed to give traders quick access to essential technical context — from price structure and volatility to volume dynamics and sector strength.
🔧 Key Features
Moving Average Ribbon
Eight customizable moving averages with full control over:
Type (SMA, EMA, SMMA, WMA, VWMA, HMA)
Source (close, hl2, etc.)
Length
Color
Visibility toggle
→ Alerts can be placed on any MA.
Volatility Metrics
ADR%: Measures the average high-low range over the past 20 days (can be edited), ignoring gaps. It reflects how much a stock typically moves within the day.
ATR%: Measures the average true range over 14 periods (can be edited), including gaps. It reflects total daily volatility, accounting for overnight moves.
Volume Intel
Lookback period for all volume parameters.
Average Volume
Average Dollar Volume: Volume × price, formatted with K/M/B. A vital liquidity gauge — high $Vol often indicates institutional interest and facilitates smoother trade execution.
Relative Volume: Compares current volume to its 20-day average. Spikes in Rel. Vol often signal unusual interest or developing setups.
Up/Down Volume Ratio: Sum of up days’ volume vs. down days over the lookback period. Useful for identifying accumulation vs. distribution behavior.
Market Context
Market Cap
Float %: Shows the tradable portion of shares — lower float often means more volatility.
% from Open: Measures current positioning within the daily range.
% from 52-Week High / Low: Identifies strength or weakness relative to long-term extremes.
RSI (14): Included for basic momentum context.
Sector & Industry Mapping
Automatically detects the asset’s sector and industry, then maps each to the most relevant ETF proxy. The script displays the daily % change from open for both ETFs — providing a quick lens into relative strength at the group level.
Pivot Points
Marks recent high and low pivots based on user-defined length. Each pivot includes price and optional % change from the previous opposite pivot.
Customizable Stats Table
A dynamic, 2-column table presenting all selected metrics with the following controls:
Position: Top/Bottom Left, Center, Right
Text size: Tiny, Small, Normal, Large
Individual metric toggles
Custom label color
Option to apply a unified color or retain color styling per stat
👉 Companion tool: FunkyQuokka’s $Vol Indicator (click chart below)
🙏 Credits & Shoutouts
Portions of this script were inspired by or adapted from the work of:
@jfsrevg, @Fred6724, @TraderWillHu, @TheScrutiniser
With appreciation to the PineCoders community for tools, documentation, and support.
Crafted by @FunkyQuokka for traders who value structure, context and clarity.
VIX3M - VIX Z-Score (10-Day)This indicator calculates the 10-day rolling Z-score of the difference between VIX3M and VIX1M. A positive Z-score indicates contango, while a negative Z-score signals backwardation, helping traders assess market risk conditions.”
DD ATR ReadingsThe DD ATR Readings indicator displays customizable Average True Range (ATR) multiplier values directly on your chart. Unlike standard ATR indicators that only show a line, this indicator calculates and displays the exact numeric values for three different ATR multipliers, giving you precise volatility measurements for your trading decisions.
It's specifically created for people taking the "Deep Dip Buy" stock trading course, and attempts to provide a ready-to-go solution to allow easy position size calculations as per the course, with the required ATR values visible at a glance.
The default values of 2.0, 1.5 and 0.45 are the same values used by the course instructor in his charting software, but you can change these values to any multiplier you choose.
Any input from students or the instructor is welcome to improve this indicator so it offers more value to those looking to learn how to trade.
Features
Displays three customizable ATR multiplier values (default: 2.0, 1.5, and 0.45 from the course)
Uses either SMA or EMA for ATR calculation (20-period default)
Fully customizable label appearance (position, color, size)
Real-time value updates as you move through the chart
Clean, unobtrusive display that doesn't clutter your chart with additional lines
Customization Options
ATR Length: Number of bars used in the ATR calculation (default: 20)
ATR Multipliers: Three customizable multiplier values
SMA/EMA: Choose your preferred moving average type for ATR calculation
Label Style: Multiple positioning options for the text display
Colors and Size: Fully customizable appearance
RSI + ADX + ATR Combo Indicator: RSI + ADX + ATR Combo Filter
This indicator is a confluence filter tool that combines RSI, ADX, and ATR into a single, easy-to-read chart overlay. It is designed to help traders identify low-volatility, non-trending zones with balanced momentum—ideal for strategies that rely on breakouts or reversals.
🔍 Core Components:
RSI (Relative Strength Index)
Standard RSI with custom upper and lower bounds (default: 60 and 40).
Filters out extreme overbought/oversold regions and focuses on price consolidation zones.
ADX (Average Directional Index)
Measures trend strength.
When ADX is below a custom threshold (default: 20), it indicates a weak or range-bound trend.
ATR (Average True Range)
Represents volatility.
Low ATR values (default threshold: 2.5) are used to filter out high-volatility environments, helping refine entries.
🟣 Signal Logic:
A signal is highlighted with a background color when all three conditions are met:
RSI is between lower and upper bounds (e.g., 40 < RSI < 60) ✅
ADX is below the trend threshold (e.g., ADX < 20) ✅
ATR is below the volatility threshold (e.g., ATR < 2.5) ✅
These combined conditions suggest a low-volatility, low-trend strength, and balanced momentum zone—perfect for anticipating breakouts or strong directional moves.
Vortex Sniper Elite @DaviddTechThis is the original script from DaviddTech. I've added a new input setting call "Vortex Strength Alert". Once the Vortex strength is greater than the "Vortex Strength Alert" value, a alert will be triggered. The purpose is for me to look at a particular crypto when it is trending.
Ultimate MA & PSAR [TARUN]Overview
This indicator combines a customizable Moving Average (MA) and Parabolic SAR (PSAR) to generate precise long and short trade signals. A dashboard displays real-time trade conditions, including signal direction, entry price, stop loss, and PnL tracking.
Key Features
✅ Customizable MA Type & Period – Choose between SMA or EMA with adjustable length.
✅ Adaptive PSAR Settings – Modify start, increment, and max step values to fine-tune stop levels.
✅ Trade Signal Logic – Identifies potential buy (long) and sell (short) opportunities based on:
Price action relative to MA
MA trend direction (rising or falling)
PSAR confirmation
✅ Dynamic Stop Loss Calculation – Uses lowest low/highest high over a specified period for stop loss placement.
✅ Trade State & Reversal Handling – Manages active trades, pending signals, and stop loss exits dynamically.
✅ PnL & Dashboard Table – Displays real-time signal status, entry price, stop loss, and profit/loss (PnL) in an easy-to-read format.
How It Works
1.Buy (Long) Condition:
MA is rising
Price is above the MA
PSAR is below price
2.Sell (Short) Condition:
MA is falling
Price is below the MA
PSAR is above price
3.Stop Loss Handling:
For long trades → stop loss is set at the lowest low of the last X candles
For short trades → stop loss is set at the highest high of the last X candles
4.Trade Execution & PnL Calculation:
If a valid long/short setup is detected, a pending signal is placed.
On the next bullish (for long) or bearish (for short) candle, the trade is confirmed.
Real-time PnL updates help track trade performance.
Customization Options
🔹 Moving Average: SMA or EMA, adjustable period
🔹 PSAR Settings: Start, Increment, Maximum step values
🔹 Stop Loss Lookback: Choose how many candles to consider for stop loss placement
🔹 Dashboard Positioning: Select preferred display location (top/bottom, left/right)
🔹 Trade Signal Selection: Enable/Disable Long and Short signals individually
How to Use
Add the indicator to your chart.
Customize the MA & PSAR settings according to your trading strategy.
Follow the dashboard signals for trade setups.
Use stop loss levels to manage risk effectively.
Disclaimer
⚠️ This indicator is for educational purposes only and does not constitute financial advice. Always perform proper risk management and backtesting before using it in live trading.
ETHBTC DCA StrategyA simple indicator to be alerted when HTF DCA is recommended in and out of the ETHBTC chart.
As ETHBTC oscillates depending on whether we are in risk on / risk off with fed monetary policy this is a safe if long term trade plan.
ATR Amplitude RatioATR Amplitude Ratio
The ATR Amplitude Ratio indicator measures price volatility by comparing the current candle's amplitude (high-low range) to the Average True Range (ATR). This helps traders identify when price movement exceeds typical volatility thresholds, potentially signaling unusual market activity.
Key Features:
Displays the ratio between current candle height and ATR as color-coded histogram bars
Customizable ATR calculation with multiple smoothing methods (SMA, EMA, RMA, WMA)
Visual reference lines at 1x, 2x, 3x, 4x, and 5x ATR levels
Dynamic color coding based on volatility intensity (5 customizable threshold colors)
Real-time display of current ratio and ATR values
How to Use:
Volatility Assessment: Quickly identify if price action is within normal volatility ranges or exhibiting unusual movement
Breakout Confirmation: Higher ratios can confirm genuine breakouts versus false moves
Entry/Exit Timing: Consider entries when volatility returns to normal ranges after spikes
Risk Management: Adjust position sizing based on current volatility ratios
Settings:
ATR Length: Determines the lookback period for ATR calculation (default: 14)
ATR Smoothing Type: Choose from SMA, EMA, RMA, or WMA methods
Color Thresholds: Customize colors for different volatility ranges
This indicator helps traders make more informed decisions by providing context about current price action relative to recent historical volatility.